Geothermal startup Fervo Energy to raise up to $1.3B in IPO

Enhanced geothermal startup Fervo Energy’s IPO could value the company at up to $6.5 billion.

Fervo Energy could raise $1.3B—geothermal’s biggest IPO signal yet. This enhanced geothermal startup is gearing up for an IPO that might value it at $6.5 billion. Fervo Energy leverages cutting-edge technology to harness geothermal power more efficiently. If successful, this IPO could mark a pivotal moment in renewable energy investments. Why does it matter? Geothermal energy is a largely untapped resource with the potential for 24/7 power generation. Fervo's success could accelerate its adoption, providing a reliable alternative to fossil fuels and bolstering energy security. Keep an eye on this IPO—it might just reshape how we power our world. Full article link in bio.